University Place, WA Foreclosures
How much do homes sell for in University Place, WA?
The average home price is currently $712,014.
In University Place, WA, how many homes are available?
There are currently 22 active home listings available in University Place.
What’s the average rental cost in University Place, WA?
The average rental price in University Place is $1,844.
What is the most expensive home in University Place?
The most expensive home sold in University Place had a price of $11,294,224.
What is currently the cheapest priced home in University Place, WA?
The cheapest home for sale in University Place is priced at $13,940.
Living in University Place, WA
University Place, WA is a picturesque suburban city located near the scenic Puget Sound. Its strong community spirit is reflected in its excellent schools, beautiful parks, and diverse amenities. With easy access to Tacoma, residents enjoy both urban and natural attractions, making it a desirable place to live.
Current Market Conditions in University Place, WA
The real estate market in University Place has shown promising growth, with increasing demand for homes. The median home price has risen in recent years, attracting both buyers and investors looking for a stable market with potential for appreciation. As a desirable suburb, University Place continues to draw families, young professionals, and retirees alike, contributing to its diverse community.
Recent trends indicate that homes here tend to sell quickly, often receiving multiple offers, particularly for well-maintained properties that are located near top-rated schools and parks. This competitive environment showcases the city's overall appeal and the desirability of its neighborhoods.
Home Value Estimator For University Place, WA
There are currently 7,265 real estate properties
in University Place, WA,
with a median automated valuation model (AVM) price
of $663,524.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in University Place, WA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in University Place, WA,
is $712,014.00, with the most expensive house
in University Place, WA, topping out
at $11,294,224.00 and the cheapest home
in University Place, WA,
clocking in at $13,940.00. In other words, there’s
something for every potential homebuyer
or savvy investor in University Place, WA!
Rent Prices
In University Place, WA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in University Place, WA, is on
a rollercoaster ride. The
average rent price in University Place, WA,
is $1,844.00. Indeed, when looking to rent in
University Place, WA, you can expect to pay as little
as $860.00 or as much
as $4,440.00,
with the average rent median estimated to
be $1,820.00. The good news is that finding
an affordable and desirable property to rent in University Place, WA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
